| 1 | 1 | | I |
|---|
| 2 | 2 | | 119THCONGRESS |
|---|
| 3 | 3 | | 1 |
|---|
| 4 | 4 | | STSESSION H. R. 2398 |
|---|
| 5 | 5 | | To amend the Internal Revenue Code of 1986 to provide for an exclusion |
|---|
| 6 | 6 | | for assistance provided to participants in certain veterinary student loan |
|---|
| 7 | 7 | | repayment or forgiveness programs. |
|---|
| 8 | 8 | | IN THE HOUSE OF REPRESENTATIVES |
|---|
| 9 | 9 | | MARCH27, 2025 |
|---|
| 10 | 10 | | Mr. S |
|---|
| 11 | 11 | | MITHof Nebraska (for himself, Mr. LARSONof Connecticut, Mrs. |
|---|
| 12 | 12 | | F |
|---|
| 13 | 13 | | ISCHBACH, Mr. PANETTA, Mr. FEENSTRA, Ms. STANSBURY, Mr. |
|---|
| 14 | 14 | | R |
|---|
| 15 | 15 | | OUZER, Mr. CAREY, Ms. BUDZINSKI, Ms. HOULAHAN, Mr. DAVISof |
|---|
| 16 | 16 | | North Carolina, Mr. K |
|---|
| 17 | 17 | | ELLYof Mississippi, Mr. FINSTAD, and Ms. |
|---|
| 18 | 18 | | M |
|---|
| 19 | 19 | | CCOLLUM) introduced the following bill; which was referred to the Com- |
|---|
| 20 | 20 | | mittee on Ways and Means |
|---|
| 21 | 21 | | A BILL |
|---|
| 22 | 22 | | To amend the Internal Revenue Code of 1986 to provide |
|---|
| 23 | 23 | | for an exclusion for assistance provided to participants |
|---|
| 24 | 24 | | in certain veterinary student loan repayment or forgive- |
|---|
| 25 | 25 | | ness programs. |
|---|
| 26 | 26 | | Be it enacted by the Senate and House of Representa-1 |
|---|
| 27 | 27 | | tives of the United States of America in Congress assembled, 2 |
|---|
| 28 | 28 | | SECTION 1. SHORT TITLE. 3 |
|---|
| 29 | 29 | | This Act may be cited as the ‘‘Rural Veterinary 4 |
|---|
| 30 | 30 | | Workforce Act’’. 5 |
|---|
| 31 | 31 | | VerDate Sep 11 2014 07:53 Apr 02, 2025 Jkt 000000 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2398.IH H2398 |
|---|
| 32 | 32 | | mprince on LAP1J3WLY3PROD with $$_JOB 2 |
|---|
| 33 | 33 | | •HR 2398 IH |
|---|
| 34 | 34 | | SEC. 2. EXCLUSION FOR ASSISTANCE PROVIDED TO PAR-1 |
|---|
| 35 | 35 | | TICIPANTS IN CERTAIN VETERINARY STU-2 |
|---|
| 36 | 36 | | DENT LOAN REPAYMENT OR FORGIVENESS 3 |
|---|
| 37 | 37 | | PROGRAMS. 4 |
|---|
| 38 | 38 | | (a) I |
|---|
| 39 | 39 | | NGENERAL.—Section 108(f)(4) of the Internal 5 |
|---|
| 40 | 40 | | Revenue Code of 1986 is amended— 6 |
|---|
| 41 | 41 | | (1) by striking ‘‘or’’ after ‘‘such Act,’’; 7 |
|---|
| 42 | 42 | | (2) by striking the period at the end and insert-8 |
|---|
| 43 | 43 | | ing ‘‘, under section 1415A of the National Agricul-9 |
|---|
| 44 | 44 | | tural Research, Extension, and Teaching Policy Act 10 |
|---|
| 45 | 45 | | of 1977 (7 U.S.C. 3151a), or under any other State 11 |
|---|
| 46 | 46 | | loan repayment or loan forgiveness program that is 12 |
|---|
| 47 | 47 | | intended to provide for increased access to veteri-13 |
|---|
| 48 | 48 | | nary services in such State.’’; and 14 |
|---|
| 49 | 49 | | (3) by striking ‘‘ |
|---|
| 50 | 50 | | STATE’’ in the heading and in-15 |
|---|
| 51 | 51 | | serting ‘‘ |
|---|
| 52 | 52 | | OTHER’’. 16 |
|---|
| 53 | 53 | | (b) E |
|---|
| 54 | 54 | | FFECTIVEDATE.—The amendments made by 17 |
|---|
| 55 | 55 | | this section shall apply to amounts received by an indi-18 |
|---|
| 56 | 56 | | vidual in taxable years beginning after December 31, 19 |
|---|
| 57 | 57 | | 2025. 20 |
|---|
| 58 | 58 | | Æ |
|---|
| 59 | 59 | | VerDate Sep 11 2014 07:53 Apr 02, 2025 Jkt 000000 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H2398.IH H2398 |
|---|
| 60 | 60 | | mprince on LAP1J3WLY3PROD with $$_JOB |
|---|